MILWAUKEE, July 22, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Peak Resorts (Nasdaq: SKIS) for
possible breaches of fiduciary duty and other violations of the law
in connection with the sale of Peak Resorts to Vail
Resorts.
Click here to learn how to join the action:
http://ademilaw.com/case/peak or call Guri
Ademi toll-free at 866-264-3995. There is no cost or
obligation to you.
Ademi & O'Reilly, LLP alleges Peak Resorts' financial
outlook is improving and yet shareholders will receive only
$11.00 per share for each share of
Peak Resorts common stock they own. Vail Resorts is
acquiring Peak Resorts at a substantial discount. The merger
agreement unreasonably limits competing bids for Peak Resorts by
prohibiting solicitation of further bids, and imposing a
termination penalty if Peak Resorts accepts a superior bid. Peak
Resorts insiders will receive millions of dollars as part of change
of control arrangements. We are investigating on the conduct of
Peak Resorts' board of directors, and whether they are (i)
fulfilling their fiduciary duties to all shareholders, and (ii)
obtaining a fair and reasonable price for Peak Resorts.
If you own common stock in Peak Resorts and wish to obtain
additional information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or http://ademilaw.com/case/peak.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP